How To Buy A Rental Property With No Money Down - YouTube

Channel: Kris Krohn

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Today, we're talking about buying rental property with no money down. And I'm
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going to make you a promise up front. This isn't going to be like the other gurus and
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people out there. They're talking nonstop about buying properties with no money
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and leveraging strategy. Today, I'm actually going to be introducing
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something in a way that I do it that nobody else does. And trust me, it can
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absolutely make the difference of you buying the next property with no money.
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Now, I want to clarify something. Because again, I get so many skeptics that for
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some reason love to subscribe and watch my videos. Is it really true that I'm
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buying properties every single day or nearly every day without money? Well,
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check it out. So, I'm looking at my screen here and what I actually want to show
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you is my track record, for those either like, "Kris, you talked about buying
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thousands of homes. Is it really true?" And I'm just gonna kind of go through this.
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This is a document that I've got prepared for my really professional investors that
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put millions of dollars into my system. But I want to highlight a couple of
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things. Here you can see 4,000 homes. 15 year track record over 500
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million dollars. Half a billion in 65 different distinct markets and locations.
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If I come through here and actually like zoom in on my track record here, look at
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this. This is showing you that in North Carolina, I've got one distinct market.
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I've done seven million of purchasing there. An average of a 168
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thousand dollars. That's my square feet. And I'm cash flowing these like a
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beast. If I come here to Tennessee, you can see I've done 54 million there. 84
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million in Florida, 55 million in Arizona. 52 million in Indiana. 6 million in
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Nevada. And this is just between 2013 and 2016. So, we're talking about a pretty
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substantial track record here. By the way, one of the things I'm going to be talking
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about today is right here. Strategic partnerships. And literally how I can
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partner with you to actually make investing in real estate without any
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money a very real reality. I'm going to skip though to the bottom of this document.
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Follow along with me. I break down how my whole system works. My track record and
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up and down markets. But look at this. You see these properties right here? This is
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231 King pond Avenue Winter Haven Florida.
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I own this. This is something that I bought or this one over here on 3962
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Strathmore Drive Indianapolis Indiana, I bought this home. These are actual
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deals that I'm buying on a pretty regular basis. I have a team of 200
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experts and we go out in the marketplace and we find these deals. My research team
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will find them. Make sure they're good deals.
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I present offers. We get them under contract then we purchase them. My team
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will fix up to them and then basically we rent them out. Hold for 5 years
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and we sell and double the portfolio. We double money every 5 years. That's the
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goal and focus every single time. So, I just want to make sure you understood.
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There's not lip-service going to this. Same thing here's another property here
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on Perkins Road Memphis. And this is Tyler Bennett my acquisitions director.
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Who has helped me put a lot of this together. I wanted to show you this
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because I want you to understand how real this actually is. So, now that you've
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seen that, let's actually dive in for a moment and say, "All right. How can you
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actually buy properties with no money and no credit?" Every single time you buy
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a property, there's 4 things that you need. You need someone that can find the
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the deal. You need someone that has money for the deal. You need somebody that
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actually has credit for the deal. And then you need someone to execute and
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handle the management of the deal. You're buying the round. These are the 4
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things that every single property means. One of the biggest mistakes that people
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make is believing they've got to do it all. Well all of a sudden, you look at all
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the hats that you're wearing. You're saving up money, you're making sure your
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credit looks good, you've got to find the deal. You've got to do all the management.
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And if you do everything yourself, I'm just going to tell you right now, that's
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the killer. That's the reason why so many people aren't actually out there
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investing because they think they have to do it all themselves. I've created a
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program called maverick. And you might become one of my Mavericks.
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Here's what it means. If you want to know what the most difficult part is on this
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whole list, what would you guess? I want to hear you. You might think that it's
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money. But ironically, money is not the most difficult. The most difficult first
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is actually setting up the long-term success strategy to make sure that the
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property does what is they're supposed to do. What do you actually think the
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second most difficult is? It's not money again. It's actually finding the deal. How
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do you know that you're fighting the best of the best? I'm averaging a 25% ROI
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on my properties. How am I able to do that? That's crazy. That's quadruple more
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than any average person is able to do. Other than that,
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money and credit, that's next. These are the easiest things because they're in
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great abundance. They're commodities. People everywhere got about. You've got
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deals. And if you've got the right management, I Got News for you. This is a
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cakewalk. This is something that it's actually pretty easy. So, here's what the
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Maverick program is. I've got teams out there that will find the best deals each
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and every day. And I'm buying them with my partners. Here's what you can do: If
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you become a maverick, I will go out there and show you how to find people
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with money. Now by the way, the people that really have money don't have money
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in the bank account. That money sitting in 401Ks. They have money sitting in
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IRAs they've got money sitting in the stock market. Which means to them, that's
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not money that they can actually spend. They don't really feel that they
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actually have any money. They might even be living ironically check to check and
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have a couple hundred thousand dollars or a half a million dollars sitting
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waiting for retirement and it's not enough. They know they need a solution. I
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actually will train you how to find the people with the money in the credit. I'll
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bring the deals of Management. And if these people actually partner with me to
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do deals, then I'll take my cut and I'll make you an equal partner with me. Just
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think about that for one second here. Is it true what I just said? Am I saying
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that if you use the system to introduce people to me that have money and credit
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sitting in 401Ks, IRAs and they decide to say, "Kris, you're the solution.
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Like, now I can get enough money for retirement." If those people come together
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a partner with me and I do the deals and I did the management, I put together the
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LLC's and the bank accounts and I take care of all the details, am I saying that
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I'll take my half and split it equally with you?" Yes. Why would I do that? Let me
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give me the answer. I'm obviously buying a lot of real estate. I'm building lots
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of wealth. My passion, I love helping people with tens and hundreds and
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millions of dollars build wealth. I've got my billionaire clients. But you know
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what? I love helping the beginner that's who I feel called to. The people that
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haven't made their first million dollars, those are the people I love to work with.
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There's a lot of skeptics out there, so I'm not talking to you.
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But the people that have been watching my channel for a while, feel my heart get
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who I am. Come out to one of my events. Try it on. See how life-changing it is.
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What I'm doing here is I'm making real estate as easy as it possibly can be. I'm
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taking the most difficult parts and I'm removing them and I'm saying, "Let me
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teach you how to do the things that can get you real estate today."
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By making those things happen, guess what? You can become the owner of real estate
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in a very short period of time. Now, listen there's a link below for you to
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learn more about maverick and what it means. There's also a way for you to get
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in contact with my team to say, "Hey. tell me more about partnering with Kris. What
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does that look like? And could I really have access to all of his deals?" And the
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answer is yes in a really big way. And I could be out there with you helping you
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by dozens of properties if you take advantage of what you're learning about
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right here. Next up is for you to get more informed. Click the link below, learn
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what it means to be a maverick and let's get out there and help you actually do
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real estate. Hey, thank you for watching today's video. It was all about can you
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actually go out there and buy real estate with no money? And while there's
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many ways of doing that, I've shared the most intimate way that I know how to do
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that in a way that is real that works that I've done a lot. And what it really
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means now with this brand new program is that you literally just might be a few
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conversations away from your first portfolio of actually owning real estate.
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So friend, I'm creative. I'm thinking outside the box. It's time for you to
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come and join me. If you're not a subscriber, do that. Learn about my events.
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Come join me for my four-day event. So unleash your financial destiny. Have
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life-changing experiences and then find the 1 or 2, 3 people there
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in your world today that could actually go out there and build real estate
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wealth with me and I'll give you a cut of the action. And you'll find yourself a
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successful real estate investor today.